10trade is fairly new but one of the most trusted brokers in the binary options trading industry. Is this platform truly that respectable?
10trade is regulated by the Cyprus Securities and Exchange Commission, who oversee the market and ensures secure online trading. 10trades trading platform was established in 2014 and is rather modest, consisting of a well-ordered and straight forward design. Here, a trader can navigate easily with still buttons telling you exactly what you’re pressing. Nothing on this platform is hidden or hard to find and everything loads quickly.
Bonus - 69%
Software - 61%
Customer Support - 89%
Options Choice - 65%
Regulation - 74%
Good quality broker
Summary : Best new broker
Assets at 10trade
With approximately 200 assets available for trade including pairs, currencies, stocks, commodities and indices, 10trade essentially provides clients every asset one can think of. By having numerous trading options, it gives traders the chance to trade what interests them the most. Some well-known international brand names offered are Wal-Mart, Sony, Google, Amazon and Netflix, gold, coffee, and wheat. This platform is also unique because it also offers trading pairs which allows traders to bet on which company/currency will out shine another. Some examples of pairs are Facebook vs. Twitter, Amazon vs. EBay, USD/ILS, and GBP/AUD.
What returns to expect from 10trade
10trade provides clients with an up to 81% return on successful trades, making it one of the most profitable trading platforms on the market. An extensive range of assets also guarantees that traders have a chance to modify their trading strategy which will result in maximum profit. With 10trades extraordinary payout rate, it permits traders to make major monetary increases.
In addition to offering traders with an array of assets, 10trade also features several different trading types. Traders can choose the timeframe for their trade by using Long Term Options which can be used anywhere from a few days to numerous months as well as 60 Second Options. This platform also offers One Touch which is appropriate for traders who are confident that their asset will hit an exact price at any given time. This option also allows traders to expire in the money if their asset of choice hits the strike price.
10trade accepts varied deposit methods such as, Bank Wire, MasterCard, Visa, JCB, CashU, Web Money, iDeal and VeriSign. This platform also allows clients to open accounts in five different currencies including, USD, EUR, GBP, SEK, and RUB. In order to open an account, a certified copy of a passport or government ID and a certified copy of proof of address. Traders can also withdraw money from their accounts effortlessly via credit card or wire transfer. When transferring funds online, security is always a main concern and for this reason, 10trade has SSL encryption installed to their platform. This software ensures protection of all personal data on the platform.
Good Customer Service
The customer care team at 10trade is nothing less than committed and can be reached by clients 24/7 via email, live chat or phone. Striving for client happiness, 10trade has made sure to implement a team of extremely skilled professionals who can provide traders with an array of advice. The customer service team is knowledgeable in any subject from technical matters to transferring money. Customer care is also available in over 10 languages such as English, Spanish, French, Italian, German, Russian and Dutch.
Trading on the go with 10trade
10trade is also launching their mobile applications for Android and IPhone soon. This will create convenience for traders allowing them to access the platform and trade whenever, wherever from the comfort of their mobile device.
10trade provides clients with a well-equipped Educational Academy. Knowledge is the key component to trading binary options successfully and this platform allows its customers to get ahead in trading. Every account type gives clients access to 10trades eBook, webinars, radio broadcasts as well as daily and weekly market reviews. This platforms eBook is helpful to rookie traders, going into depth on trading terms, tools and techniques. 10trades webinars are hosted by trading analysts and are also very helpful to every type of trader, containing useful information to widen ones understanding. Lastly, weekly and daily market reviews provide great insight to what’s going on in the international market which in turn helps traders make the best move during that specific time.
- Minimum deposit: $200
- Minimum trade: $10
- U.S. friendly: No
- Max returns: 81%